The Overture Group is an executive search firm with an additional specialty in compensation consulting. We recently heard a presentation by Bob Lindeman and Mark Reilly, both managing directors of that firm. They reminded us that compensation is (or should be) a strategic issue, not a simple, tactical, what-are-we-gonna-pay-this-person issue. And our strategy should consider

Setting priorities. That’s something many entrepreneurs struggle with. In fact, entrepreneurs are sometimes likened to crows who get distracted by every new shiny thing that comes along. Unfortunately, this creates confusion as employees try to keep up with ever-shifting priorities. In other cases, instead of setting priorities vertically with the most important at the top